Nvidia Prepares For New All-Time High, Last Chance To Buy Low!The market always gives as second chance. This is a phrase that I love to share and it is true, it is confirmed here on this very chart.
The action for NVDA moved back down to produce a higher low —your second and last chance. This higher low is happening within a very strong buy-zone and this can mean the difference between massive profits or an opportunity that is lost. From here on, Nvidia will grow long-term set to produce a new All-Time High in the coming months.
The minimum target and price level for this rise stands around ~150 within 1-3 months. Then a correction and then higher, much higher... Up, up and up go we.
I can entertain you with tons of details I have the ability but I will not do so. I will go straight to the point.
» The next All-Time High and main target for this wave is 194, this can take a little more, or less, than 6 months.
What will happen next, we will have to wait to ask the chart.
It is my pleasure to write for you again.
Make sure to boost if you would like more updates.
If you boost and comment, we can move to daily updates as the market grow.
Go in, go now, buy-in and go LONG!
Nvidia is going up! Together with Bitcoin and the Altcoins.
Thanks a lot for your continued support.
Namaste.
SPX (S&P 500 Index)
Tesla Finds Support, 657 Next Easy High & All-Time HighTesla is looking pretty good right now, support has been found. The correction amounted to -55.5%. It started in mid December 2024 and the first low was hit in March 2025.
Since March TSLA has been in the process of forming a bottom.
The action moved below 0.786 Fib. retracement level in relation to the last bullish wave. The action is back above this level now and this is pretty good. As long as the action happens above the magic blue dashed line, Tesla is good and set to grow.
This signal, perfect symmetry, is supported by rising volume.
Buy volume is rising massively as TSLA moves into a long-term support zone.
(Smart people, smart money and smart traders buy when prices are low —this volume signal reveals the highest buying in years as TSLA hits support.)
The most revealing fact from a logical standpoint is the size of the correction, a 55% correction is a lot by any standard. When a market goes through such a strong correction, it tends to reverse and produce next a new move. It moves in waves. It goes up and down, up and down. We are seeing the end of the down-move and this will automatically lead to an up-wave.
When the bottom was hit, last month, the action goes flat. Tesla was clearly moving lower but as support was found the bottom stays flat. This is another revealing signal for the logical mind. No longer a downtrend but a consolidation phase, which is part of a transition period.
» So the market was bullish and from bullish turned bearish, from bearish it went sideways and from sideways it will grow.
This is an easy buy.
Thanks a lot for your comment and continued support.
Namaste.
The Bear Is Dead. Long Live the Bull.From Fakeout to Full Send - SPX Flips Bullish
You could almost hear the financial media pop champagne today.
“Markets Surge Amid Easing Trade Tensions” they yelled.
“Global confidence returns!” they assured.
And sure, that’s a cute story.
But for us, Wednesday’s bear push now looks like a feint. A setup. A spring.
By Friday, the bull had not only taken the ball - it ran with it.
That V-shaped reversal pattern on the daily chart? It’s live. And it’s loud.
Technically, it’s now pointing to a projected upside of 6106.
That’s not just some random number. That’s the prior range high zone coming back into focus.
And in case you needed a reminder…
The bear is dead. Long live the bull. (until it isn't)
---
SPX Market View - Bullish Flip Confirmed
Wednesday gave us a classic tease.
Bearish energy. A flicker of downside. But it fizzled fast.
Then came Thursday - and with it, a clean sweep into Friday.
The V-shaped daily reversal triggered.
Price pushes off the lows
Sentiment flipped
And a new upside target emerged at 6106
It’s not just technical fluff. This level marks a structural return to the previous range highs - a natural magnet for bullish continuation.
Meanwhile, I’ve done a bit of chart housekeeping myself.
After two months of letting bias sneak in and lines and notes multiply like rabbits, I’ve hit the reset button.
🧹 Clean charts. Clean mind. Just the essentials.
The direction has changed - and I’m treating it with fresh eyes.
One line I am keeping?
5400. It’s been the pivot point for weeks. A battle-tested zone. It now serves as the bull’s first major checkpoint.
If price respects that level on any dip, it’s game on.
And if we breach it? That’s when the doubt returns.
---
💡Expert Insights: Common Trading Mistakes & How to Avoid Them
MISTAKE: Letting cluttered charts and old bias cloud current decisions.
FIX:
Regularly clean your charts — strip them down to what matters.
Use setups that speak for themselves (like the V-shape).
Don’t bring yesterday’s opinion into today’s trade.
A new direction demands a new perspective. And as price shifts, so must your lens.
---
🗞️Rumour Has It…
BREAKING:
Powell Declares Bull Market, Blames Moon Phase for Midweek Bear Tease
Financial news outlets were caught scrambling when the SPX reversed higher through thursday despite Wednesday’s doom-and-gloom.
“Clearly the moon was in retrograde,” Powell reportedly muttered, while clutching a Fibonacci ruler.
In other news, China's trade delegation released a statement saying, “We’re not sure what’s happening either.”
(This section is entirely made-up satire. Probably.)
---
🤯Fun Fact - The Original “Clean Chart” Addict Was… Jesse Livermore
Before indicators, algos, and triple-screen madness, Jesse Livermore – the OG speculator – was famous for trading from price and price alone.
In fact, he refused to use charts with clutter.
He would manually draw his price levels, log his trades by hand, and sometimes go days without placing a trade – waiting for the market to tip its hand.
His trading edge?
Patience.
Price action.
And a clean, unobstructed read.
One of his favourite tricks?
He’d mentally mark key inflection levels (like your 5400) and wait until price either exploded past or rejected hard before acting.
So next time you reset your chart – you’re not just decluttering…
You’re channelling Livermore.
Nightly $SPY / $SPX Scenarios for April 25, 2025🔮 🔮
🌍 Market-Moving News 🌍
📉 Procter & Gamble Cuts Outlook Amid Consumer Pullback: P&G shares declined after the company lowered its full-year earnings guidance, citing reduced consumer spending due to economic uncertainty and higher tariffs. CFO Andre Schulten noted significant consumer hesitation, linking it to volatility in mortgage rates and declining stock markets affecting retirement savings.
📊 Durable Goods Orders Surge, Core Spending Stagnant: March durable goods orders jumped 9.2%, driven by a spike in aircraft demand. However, core capital goods orders, excluding aircraft, rose only 0.1%, indicating cautious business investment amid ongoing tariff uncertainties.
🏠 Existing Home Sales Decline Sharply: Existing home sales fell 5.9% in March to an annual rate of 4.02 million units, reflecting affordability challenges associated with high mortgage rates and economic uncertainty.
📊 Key Data Releases 📊
📅 Friday, April 25:
🗣️ Fed Governor Neel Kashkari Speaks (5:00 PM ET):
Remarks may provide insights into the Federal Reserve's perspective on current economic conditions and monetary policy direction.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPX on threshold of bullish breakout? I am cautiously bullishNations may be lining up to kiss Trump's a??? but SPX has come to kiss a confluence of trendline resistance as well as POC
Also markets we approaching month end. You only need to look at the past month ends and see what happens to the price, yes they tend to reverse very often if not always, specially if the prices are below 200 ema as it is now.
I would be watching how the market behaves next week. Soft economic data are pointing to weaker economy and the underlying problem of highly leveraged Hedge Funds remain. I wonder if they begin to deleverage some more at this level.
Any future decline would be a good entry point
April 24 Trade Journal & Stock Market AnalysisApril 24 Trade Journal & Stock Market Analysis
EOD accountability report: -400
Sleep: 4 hour, Overall health: bad
X7 signal this morning somewhat told us we were going to bullish direction, but my mindset just wasn't there today, had bad sleep and things going on and ended up locking up account early. I just read a book about it recently but I think I need to really cut bad influences out of my life when im dealing with money.
**Daily Trade Signals based on VX Algo System**
** 7:00 AMVXAlgo ES X7 Buy signal**
10:43 AM VXAlgo ES X1 Sell Signal (caught 10 pt)
1:12 PM VXAlgo NQ X1 Sell Signal (10 pt)
3:10 PM VXAlgo NQ X3 Sell Signal (2x signal, failed)
3:30 PM Market Structure flipped bearish on VX Algo X3! (canceled out& failed)
Next day plan--> Bullish over $5500
$GOOG Possible Demand Zone 155-143 Targeting 178 By earning!One of worst weekly candles and 3 bearish soldiers pattern made it extremely bearish but now entered the demand zone between 155 to 143 expecting accumulation into this range then possible bottom by mid of April then moving higher after earning targeting upper gap but we keep the target more secure by targeting 178 as closing trade. 161-164 is strong resistance . so the idea bye with weakness and accumulate during coming days with stop loss below 140 approx. Earning estimate 1.6 which is a drop from 2.4 last quarter by 30% - P/E at 19.98 EPS at 8.12 - Average analyst rating at 215 (+60$) from last close at 156. these fundamental make this idea is much likely to succeed. Good luck - please like and share . thanks
April 24, 2025 - Not getting fired (yet)Hello everyone, it’s April 24, 2025, welcome back to another wild episode of “Trumponomics: The Market Edition.” For the second day in a row, global markets are on the rise, and yes, it’s all thanks to the Trump playbook: slap tariffs everywhere, terrify the market, escalate tensions, then toss out a gesture of peace and voilà — rally mode engaged.
The key word this morning? Relief. Relief that Trump might chill out on China, and Powell isn’t getting fired (yet). But let’s not pop the champagne too soon — anyone betting against a weekend plot twist from Trump hasn’t been paying attention.
In the US, the Fed’s Beige Book (a.k.a. the economy’s mood diary) painted a picture that’s… let’s say “limp but not lifeless.” Only 5 of the 12 Fed districts saw growth, and even that was more “walker with tennis balls” than Olympic sprint. Inflation? Creeping in slowly, with companies sharpening their price-hike pencils just in case Trump cranks up the tariff heat again. Employment? Not awful, but nothing to brag about. And uncertainty? It was mentioned 80 times in the report. That’s not a joke.
Meanwhile, auto sales are up — not because the economy’s booming, but because Americans are panic-buying ahead of expected price surges from more tariffs. Business travel is tanking, and tourism’s taking a nosedive. Welcome to the “Not-quite-a-crisis-but-definitely-not-fine” States of America.
As for OANDA:XAUUSD , after a brief flirtation with $3,500, it’s cooled down to $3,337. BLACKBULL:WTI is holding at $62.86. And INDEX:BTCUSD ? It’s back in the spotlight at $92,000 and climbing — yes, people are talking about it again, which should tell you something about the vibe out there.
On the politics front, Trump hinted that the tariff moratorium could be revoked for some countries, and he’s back to pestering Powell to cut rates. Classic. Meanwhile, Wall Street is just trying not to get whiplash. NYSE:BA numbers came in better than feared, and NASDAQ:NVDA supply chain via INX looks solid despite wild swings.
Today’s economic calendar includes durable goods data and jobless claims in the CME_MINI:ES1! are down 0.2% — looks like investors are just bracing for the next Trump curveball.
TL;DR: Markets are riding the Trump-coaster, gold cooled off, crypto’s surging, and America’s economy is wobbling but still upright — for now. Keep your helmets on.
Narrative Noise vs. System ClarityApparently, the market was “uncertain” today.
Somewhere between Trump retracting his Powell shade, the Fed playing PR dodgeball, and tariffs being simultaneously on and off the table… headlines were doing what they do best: explaining yesterday with confidence.
But the chart?
The chart spoke first.
We came into the session ready for bullish confirmation.
Instead, we got a clean rejection of 5400, with early signs of downside pressure before lunch.
This is why we follow price, not PR.
Today’s action didn’t invalidate the bull bias completely, but it sure made the case that bears aren’t done just yet.
Let’s unpack what we saw and where we’re headed next.
---
Additional images mentioned can be seen on my main blog
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SPX Market Outlook - Structure Rejected, Futures Rolling
While the headlines continue to spin post-news confusion, the price action remains our guide.
Yesterday, we came into the session prepared for a bullish continuation, but 5400 acted as a firm barrier once again.
The daily chart showed a clear rejection, and despite the bullish lean in the morning, the structure leaned bearish by session’s end.
Now, as I write this before the cash open, overnight futures are pushing lower, indicating potential follow-through.
That doesn’t confirm anything just yet - but it does tilt the bias.
Here’s what I’m watching:
5400 = still key resistance
5300 = GEX flip level - will reassess bearish view if we break and hold below it
5000 remains the target for the Wolfe pattern continuation
Upper Bollinger tag is in - another technical sign of short-term exhaustion
No bear pulse bar yet, but a clean V-shaped reversal is visible on the chart
ADD remains near bull extreme - offering more bear potential than bull in the short term
Bias remains bearish below 5300, and I’ll reassess to add in below that level.
---
GEX Analysis Update
5500 - 5400 - 5350 all look interesitng levels
5300 is the current flip point
---
Expert Insights: React to Price, Not PR
❌ Mistaking news for a setup
Narratives are seductive. They come with headlines, urgency, and lots of confident pundits.
✅ Stick to the chart
Price told us today’s story long before CNBC tried to.
5400 rejection. No pulse bar. Bullish exhaustion on ADD.
That's not confusion. That's confirmation — if you're paying attention.
---
Rumour Has It…
Trump was overheard saying, “Maybe Powell’s alright. Maybe.” Dow gained 0.3% and then shrugged.
5400 is reportedly suing for emotional damages after being rejected for the third time this month.
A Wolfe Wave ghost briefly appeared on the chart, waved, and vanished near 5300.
(This section is entirely made-up satire. Probably.)
---
Fun Fact - News Always Arrives After Price
Markets don’t wait for clarity.
They move first, then the headlines scramble to explain why.
The pattern is timeless:
Price shifts.
Smart traders react.
Media catches up.
Retail says, “Oh, THAT’S why.”
Yesterday was no exception.
So if the news says “flat and uncertain,” but the chart shows a failed breakout, don’t wait for a CNBC blessing to press the button.
The system already said what it needed to say.
$PLTR Trade: Buy $90.86 , Target $101.35Beep Beep. Hope everyone is taking care of their trading accounts during this volatile phase in the markets. I noticed an identical setup on the weekly from back in August 24' and I'm looking to take advantage. We have a trend reversal on the Tom Demark sequential that helps identify trend exhaustion through a 9 Count. Currently on a 2 Count, we're testing the gap while simultaneously testing the 10WMA at 90.86.There is also a weekly gap at 101.35 ... Entry would be the 10WMA. Target the weekly Gap. Trade is as follows:
Trade Idea - Swing NASDAQ:PLTR $95 Calls 4/25
Entry - 10 WMA @ $90.86
Target - Gap on Weekly at $101.35
April 23 Trade Journal & Stock Market Analysis April 23 Trade Journal & Stock Market Analysis
EOD accountability report: +2325 on Eval, didn't trade funded
Sleep: 10 hour, Overall health: :check:
— 9:00 AM Market Structure flipped bullish on VX Algo X3!
— 11:30 AM Market Structure flipped bearish on VX Algo X3!
— 12:30 PM VXAlgo ES X1 Buy signal (triple buy signal) B+ set up
— 1:33 PM VXAlgo YM X1 Sell Signal (triple sell signal) B+ set up
— 1:55 PM Market Structure flipped bullish on VX Algo X3!
— 2:30 PM Market Structure flipped bearish on VX Algo X3!
— 3:31 PM VXAlgo ES X1 Buy signal (double signal)
Next day plan--> Short 48m MOB
Video Recap -->
Nightly $SPY / $SPX Scenarios for April 24, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for April 24, 2025 🔮
🌍 Market-Moving News 🌍
🇪🇺 European Banks Brace for Tariff Impact: European banks are facing a challenging outlook as U.S. tariff hikes raise recession fears. Analysts anticipate slower revenue growth and increased loan loss provisions, with institutions like BNP Paribas expected to report earnings reflecting these pressures.
✈️ Airline Industry Faces Booking Declines: European airlines report a 3% drop in planned summer trips, with leisure travel down 8% compared to 2024. Economic concerns and rising travel costs, particularly among Gen Z travelers, are contributing factors. Airlines like Ryanair and Air France-KLM are considering fare adjustments to maintain demand.
👗 Kering's Revenue Drops Amid Gucci Struggles: Luxury group Kering reported a 14% decline in Q1 revenue, with flagship brand Gucci experiencing a 25% drop. The company attributes the downturn to ongoing brand challenges and macroeconomic factors affecting consumer spending in key markets.
📊 Key Data Releases 📊
📅 Thursday, April 24:
📦 Durable Goods Orders (8:30 AM ET):
Forecast: +2.1%
Previous: +0.9%
Measures new orders for manufactured durable goods, indicating manufacturing sector health.
📈 Initial Jobless Claims (8:30 AM ET):
Forecast: 222,000
Previous: 215,000
Reflects the number of individuals filing for unemployment benefits for the first time, signaling labor market trends.
🏠 Existing Home Sales (10:00 AM ET):
Forecast: 4.14 million
Previous: 4.26 million
Indicates the annualized number of existing residential buildings sold, providing insight into housing market conditions.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Tariff Talks Flip the Tape - 5400 Under FireWolfe Gasping, Bulls Grinning
Well, this is exactly what every bear didn’t want to wake up to…
Overnight, markets surged higher after Trump hinted at easing tariffs and gave Powell a thumbs-up. It’s like watching your opponent trip mid-game, then suddenly recover, score a hat trick, and throw you a smug grin.
That line in the sand we’ve been talking about?
5400.
It’s been the invalidation level for weeks – and now it’s being bulldozed like it never mattered.
This isn’t about guessing the news.
It’s about having a clear point where your bias says, “Okay, I’m out.”
The Wolfe was working… until it wasn’t.
And that’s okay.
Because while the bear swing has been fantastic, we’re now seeing what might be the higher low reversal we flagged a few weeks ago - just without the drop to 5000 first.
Frustrating? A little.
Unexpected? Not really.
Tradable? Absolutely.
Let’s look at how this flips our setup for today.
---
SPX Market View - Bull Bias Activated (Finally)
Well, that escalated quickly.
With the overnight futures surge and 5400 now breached, the Wolfe Wave is officially off the board. Our long-standing bear bias has been invalidated — and we flip bullish for the first time in weeks.
This is the power of having a system.
You don’t need to guess. You just need a line in the sand. Ours was 5400. Price crossed it. The bias flips.
Here’s what I’m watching now:
5400 is now the breakout zone – if it holds at the cash open, bulls have full control
Higher low structure playing out across the daily chart
GEX positioning will be key — I’ll be watching for hedging demand shifts to confirm upside stability
This doesn’t mean we go all-in bull mode with blind optimism.
It means we assess new setups in line with the price action, and if they confirm – we act.
Bull’s got the ball (for now).
Let’s see if he fumbles or scores.
GEX Analysis Update
5300 acting as the updated flip point overnight
SPX prices potentially gaping 100+ points assuming the futures hold their gains.
---
Expert Insights: Know Your Invalidation
❌ Clinging to a bias too long
It’s tempting to hold on to the story. “Wolfe’s still in play,” you tell yourself… even after price says otherwise.
✅ Know your invalidation level
5400 was the line. It’s been clear for weeks. Once price punched through it — the plan said, “That’s it. Game over for the bear.”
No ego. No hoping. No rewriting the script mid-trade.
Your system needs boundaries.
Otherwise, it’s not a system — it’s a story.
---
Rumour Has It…
Trump’s tweet this morning: “Tariffs are dumb. Powell’s alright. Markets UP!” Dow gained 200 in 10 seconds.
CNBC now referring to 5400 as “The Enlightenment Zone.”
The Wolfe Wave was last seen howling into the wind and fading into the distance.
(This section is entirely made-up satire. Probably.)
---
Fun Fact - The 5400 Flip
Here’s a kicker for you…
5400 has flipped bias more times than any other round number level in the SPX this year.
It's the psychological equivalent of a market mood swing.
And every time price hits it, traders start reaching for different narratives:
“It’s resistance.”
“Now it’s support.”
“No wait, it’s just a number.”
“Actually, it’s Fibonacci-magnet-retrograde!”
Sometimes it’s just this:
5400 = The Line Where We Flip.
Meme of the Day - “Wolfe’s Out. Bull’s In.”
IMAGES ON MAIN BLOG
Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece
S&P500 Long and painful but necessary bottom formation.The S&P500 index (SPX) has been trading within a 2-year Bullish Megaphone pattern and the recent 2-month correction completed its latest Bearish Leg, as it reached the Higher Lows trend-line.
The massive rebound that took place there on April 07 may have turned out to be a highly volatile one but as mentioned on the title, it might be long and painful, but a necessary process nonetheless. That's mainly because it is the strongest correction since 2022 and the longest Bearish Leg of the pattern.
The market remains highly volatile until it gets a clear signal, bearish below the current Support of the 1W MA200 (red trend-line) or bullish above the 1D MA50 (blue trend-line). Despite the rather short-term uncertainty, the similarities with the Megaphone's previous bottom are uncanny, both having formed their Low on 1D RSI Double Bottom patterns.
Given that this previous Low initiated a massive +50% 1 year Bullish Leg/ rally, we expect to see at least 7100 on this next one by mid-2026.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
The SPX On Track To A New All-Time High In 2025 (6,958— Soon!)Do not let anybody distract you, do not allow yourself to be deceived. Know that the market is very resilient and this has been true for the longest time ever. The catastrophe that everybody is always expecting and is always due is never true. Ok, there was a correction, but that's it, from now on the market grows. That's just how it works.
Very, very strong bull markets, and the bear markets weak and short.
The S&P 500 Index (SPX) looks great right now and nothing can surpass the wisdom that comes from a chart. A chart cannot lie nor can mislead you in any way.
The charts have pure raw data, you can make your own interpretation of this data but there are no mistakes.
Here the chart shows a very strong higher low. The 0.5 Fib. retracement level was tested and it holds. Now, saying a "new All-Time High" might be speculation, but saying that prices will rise is simply how technical analysis works.
A low first pierced 0.5 and challenged 0.618 fib. The candle closed above and full green, the highest volume since 2010 and that is a clear signal that the correction reached its end.
The SPX is bullish now of course.
The next week we get a red week and this led to the present day, a higher low. A higher low is bullish and notice, the 0.618 level is no longer relevant. The correction that happened was really strong, there is absolutely no need for more.
So a strong correction developed and what comes next?
Prepare for a major rise, a new impulsive bullish wave.
The minimum target starts at 5,665. This is the resistance where the drop got started, this level needs to be tested based on TA. Depending on how this level is handled, we can extract how the market will continue to behave.
» I will make a prediction, the SPX will hit a new All-Time High in the coming months.
Thank you for reading.
Namaste.
April 22st Trade Journal & Stock Market Analysis** April 22st Trade Journal & Stock Market Analysis**
EOD accountability report: +325
Sleep: 3 hour, Overall health: tired
**Daily Trade Signals based on VX Algo System**
— 9:00 AM Market Structure flipped bullish on VX Algo X3!
10:20 AM VXAlgo NQ X1 Sell Signal
10:30 AM VXAlgo ES X1 Sell Signal
10:51 AM VXAlgo ES X1 Sell Signal
11:20 AMVXAlgo ES X1 Sell Signal (Triple signal) C+ set up
1:12 PM VXAlgo NQ X3 Sell Signal (Double X3 signal)
1:30 PM Market Structure flipped bearish on VX Algo X3!
3:00 PM Market Structure flipped bullish on VX Algo X3!
3:10 PM VXAlgo ES X1 Sell Signal (Triple signal) C+ set up
Smart investor strategyS&P 500: Percentage of Stocks Above the 20-Day Moving Average
This indicator shows the percentage of S&P 500 stocks trading above their 20-day moving average. It visually reflects short-term market strength or weakness and helps identify potential reversal points.
🔻 Sell / Open Shorts Zones:
Levels above 85–90% (marked in red) indicate an overheated market — when most stocks are trading above their short-term averages, a correction often follows.
🟢 Buy / Open Longs Zones:
Levels below 20–25% (marked in green) signal an oversold market — pressure is high, and the probability of a rebound increases.
Historically:
Each strong rally towards the 4500–4600 levels in the S&P 500 index was accompanied by overheated indicator values (85–90%).
Declines towards the 3500–3900 levels were marked by deep drops in the percentage of stocks above the 20 MA (below 20%).
Conclusion:
This indicator performs well within a sideways range and can serve as a leading signal for spotting local extremes. Currently, the reading has dropped below 15% — historically, this is a strong zone to look for long opportunities. I also showed the price of bitcoin at the moment in yellow.
Best regards EXCAVO
_____________________
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Spring Loaded Wedge? Let the setup come to you! $SPXLowkey top watch for the next few weeks!
It was a chop zone last week = consolidation? Now zooming out, it’s looking like a loaded wedge/flag forming. A lot of bearish sentiment, tariff talks and unknown lately but this is looking mighty interesting of a formation. Volume also slowly declining, wondering if we’re setting up for once a decision/mutual agreement is made with US, China + others involved.
Green ray is my ENTRY: 5372.44
*Also eyeing 5329.66*
- For potential upside. We have a few gams above to also fill and can magnet upwards if we get news, volume etc.
Looking for the banger* here - of course, things are still brewing. Note this is the HOURLY timeframe. Wait for the setup to come!
Let me know your thoughts! Appreciate any insight. Do your DD! #NFA AMEX:SPY SP:SPX
Nightly $SPY / $SPX Scenarios for April 22, 2025 🔮
🌍 Market-Moving News 🌍:
🚗 Tesla's Q1 Earnings on Watch: Tesla is set to report Q1 earnings after market close. Analysts expect EPS of $0.58 on $23.4B revenue. Investors are focused on delivery guidance, cost-cutting measures, and updates on the robotaxi program and Optimus robot. CEO Elon Musk faces pressure to refocus on Tesla amid concerns over his political engagements.
📉 Market Volatility Amid Tariff Concerns: U.S. markets remain volatile due to ongoing trade tensions. The S&P 500 has declined 14% from its February high, with investors closely monitoring corporate earnings for insights into the economic impact of recent tariffs.
📊 Key Data Releases 📊
📅 Tuesday, April 22:
🏠 Existing Home Sales (10:00 AM ET):
Forecast: 4.20 million
Previous: 4.38 million
Provides insight into the housing market's health and consumer demand.
📘 IMF Global Financial Stability Report (10:15 AM ET):
The IMF will release its latest assessment of global financial markets, focusing on systemic risks and financial stability.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPY repeat of ladle patternJust presenting what I see. Prices likely to be pulled back up to the LVN looking at good buy volume at close. However the days volume wasn't great because of the Europe holiday
Holidays ar common for whipsaw prices. With european markets open today, I wont be surprised if the market head back up for a day or two watch out for the resistance line
Safe trading
Noise, S&P Scenario, Gold BubbleThank you to the tradingview community for engaging and supporting my content.
After another rough start to the week, we have a bit of a crossroads ahead for the S&P
1) We revisit the April 7 lows and poke lower with bear trap opportunities
2) We hold Monday April 21 lows and grind back up to gap fill and revisit 5400-5500 resistance
3) We go nowhere with a lot of intraday volatility and noise (between the April 7 low and the April 9 high)
The markets are on high alert
DXY
Gold
Bitcoin
US Bonds vs Treasuries (yields rising)
Trump is more vocal about threatening the FED or firing Powell and the concern is truly unprecedented
Trade War pause is still ongoing, China is being vocal as well to make sure countries don't simply line up to support the US. For all of this to calm down, US and China have to play nice. China is likely able to hold the line longer than the US in the near-term
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Global Supply Chains being Undone could be the cause of a (IV)I have been discussing the potential for a Super-Cycle wave (III) top in the US markets for the last couple years. To experience a wave (IV) of SUPERCYCLE PREPORTION, would be a consolidation of price action back to the 1929 stock market crash. The byproduct of this type of price action would be a decline of 50% or more (likely more) in the value of global stock markets. This type of asset price deflation would make anyone who watches the markets be inquisitive as to what would or even COULD cause such an event.
Would the dismantling of global supply chains, that have been in place since the early 1990’s, be the culprit?
I am starting to think the answer to that question is yes. This is not an indictment of the policy, but more an acknowledgement of the disruption and the possible aftermath.
The obvious concern is how do businesses plan? I would venture a guess business leaders will be challenged, and many may not survive. The cost equation becomes so skewed…how does one make money without passing the costs on to the consumer? That means higher inflation.
If this is the case, it’s possible digital assets become more of a safe haven which would be counter intuitive to hard asset value. This would mean that we will have endure a cycle of higher inflation, higher interest rates, and higher unemployment, coupled with lower economic growth. I cannot say this is how the forecasted price action is justified in the future. What I can say is the resulting price action will look very similar to the below.